If you do not have a resest option by the maturity date you HAVE TO PAYOFF...

So when the scammer steals someone's identity and applies, you won't catch it.

PenFed only offers a max LTV of 80% on condos, and I couldn't move forward with SDFCU because they weren't able to verify my identity online after multiple tries even though every other lender was able to (they told me the workaround is to go to one of their branches in Virginia, which I can't do).Thanks in advance for your help!

--- I noticed you ran a credit check (I hope you didnt just take a credit report some one just handed you) on the 2nd roommate so to some degree that person is real, but how about identity theft.

The measure the mayor put forward was nearly identical to the one that nearly passed in December before Alvarez, one of the original authors of the December measure, torpedoed it.

Yuck to all of that.A Balloon payment is any payment due at maturity which is over the amount of the periodic scheduled payment.  

ha, I was at the same meeting.I don't know anything about him except what I've googled, but the thing that was funny to me was that his presentation was almost identical to one I attended in Baltimore a few months ago, called "Winning the Property Wars", which was supposedly run, but not attended, by a guy from that Property Wars TV show.

Seems at 18 you can vote and carry, but you have not matured to the point mentally to drink beer.

wait a minute"...I held it up to his first book, and turned the pages....it was almost the IDENTICAL BOOK AS THE FIRST!!!!

Assuming two items1)your numbers are correct.2) the cost of entry doesnt exceed half of a normal buyer deposit/down payment and the remaining is enough to cover non payments by the buyer and foreclosure proceeding against a non performing buyer.There are 4 ways to make money on a sub2 resell.1) equity spread after DP2) monthly payment spread3) deposit/down payment4) payoff maturity differenceThe 18k in equity is fine and the 209 in monthly spread is fine.